Compute net earnings on March 3, when gross (taxable) pay equals $750. FICA-OASDI tax rates are 6.2%, FICA-Medicare rate is 1.45%, federal income tax $71.00, and state income tax $5.00

The U.S. Supreme Court is the court of last resort in the federal court system

Indicate whether the statement is true or false

Waterfront Solutions, Inc paid a dividend of $5.00 per share on its common stock yesterday

Dividends are expected to grow at a constant rate of 4% for the next two years, at which point the stock is expected to sell for $56.00. If investors require a rate of return on Waterfront's common stock of 18%, what should the stock sell for today? A) $44.76 B) $40.22 C) $50.22 D) $48.51